"I'm putting it all in Adwords"
At one point, digital marketing tools like adwords, pay-per-click, retargeting and such were pretty terrific for smaller companies, like independent
hotels. And, for many, it's still the go-to marketing channel. The must-do.
Sometimes at the expense of other avenues.
Unfortunately, it's not necessarily the slam-dunk benefit that it used
to be.
For one thing, the cost is going up. Many will say you need
to be spending $10k a month to get any value out of it. Even my
journalism-school math tells me that's $120,000 a year. A big part of a
marketing budget for a property doing between $12 million and $20 million in
revenue annually.
And any messages that might show up way down on a page (often
out of sight) still count as an impression (that you pay for), so it's hard to tell exactly what
benefit you got from the expenditure. Further, unless you're using full-path
attribution, it's hard to pinpoint exactly what drove a potential guest to make a reservation. "Last-touch" certainly isn't the only factor
that will drive someone to your property and get them to actually book a room.
In fact, often the keywords that most frequently drive
pay-per-click and adwords responses are the actual name of the property. Which
begs the question, how did that person find the name of the property in the
first place? And there's the logical follow-on question: How can we get our name out
there more?
Few digital marketing tools like these lend themselves to effective delivery of a brand position - and a brand distinction is
one thing an independent hotel can use to its advantage. Creative delivery of what sets your property apart from another is not exactly a strong suit of something like
adwords.
This is not to say that digital should not play a role in
the marketing of an independent property or collection. It should.
Just make sure your eyes are wide open about the cost, the benefits and how they fit into your particular circumstance.
Just make sure your eyes are wide open about the cost, the benefits and how they fit into your particular circumstance.